At the UN Climate Action Summit, EIB President Werner Hoyer has announced the new climate ambitions of the EU Bank. He said “The world is heading in the right direction, but it is behind schedule and we need to speed up our response. We need to use scarce public resources better and mobilise private investment for this fight. Without private investment, we will not succeed.” 

In this commentary published by project syndicate, he explains how the public and private sectors can work together to finance the green transition.

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